PHIGER
ActiveFrom the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of PHIGER is 5.8% (elevated). The 2025 annual accounts show negative equity (-€55,682) and a net result of -€114,482. Its solvency ranks better than 8% of 788 sector peers (NACE 10, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 20-11-2024 Normal situation
- Legal form
- Public limited company
- Registered office
- Place de St Symphorien 24, 7030 Mons
- Activity
- Artisanal bread and fresh pastry making NACE 10712and 4 others
- Establishment unit
- 2.366.905.809 6120 Ham-sur-Heure-Nalinnes, since 20-11-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 15-12-2025
Who decides
Board
- BOVY JeoffreyDirector · since 20-11-2024
- MENISSEZ LaurentDirector · since 20-11-2024
- RENMANS RikDirector · since 20-11-2024
- VALLIN AnnouckDirector · since 20-11-2024
- Auditor
- Joiris, Rousseaux & C° SRL
Shareholders
How it is doing
- Bankruptcy probabilitywithin 12 months
- 5.8%
Annual accounts 2025
- Gross margin
- €129,645
- Turnover
- ≈ €330,000
- estimated
- Loss
- €114,482
- ▲ 42×
- Equity
- -€55,682
- Total assets
- €945,761
- ▲ 14×
- Staff
- 7 FTE
2025 accounts 17 days early
Filed on 14-07-2026at the National Bank
Why 34raises riskSector: Manufacture of food products (NACE 10)Size: 7 FTE, total assets €945,761Negative equity -€55,682Liquidity: current ratio 0.30, cash €6,906Show the evidence
Checked score
Score 2025
34
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 13% of its sector peers (NACE 10, micro)
Financial strength · tick = 2024
Weak
Solvency
19-81
equity -5.9% of total assets
Liquidity
28-65
short-term debt 47.2% · cash 0.7%
Profitability
4-24
return on assets -12.1%
Bankruptcy probability, 12 months
5.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2025: 3.0%lowest value
01-2026: 3.0%● unchanged vs 12-2025
02-2026: 3.1%▲ +0.1 percentage points vs 01-2026
03-2026: 3.3%▲ +0.2 percentage points vs 02-2026
04-2026: 3.4%▲ +0.1 percentage points vs 03-2026
05-2026: 3.7%▲ +0.3 percentage points vs 04-2026
06-2026: 3.6%▼ -0.1 percentage points vs 05-2026
07-2026: 3.8%▲ +0.2 percentage points vs 06-2026
08-2026: 5.8%▲ +2.0 percentage points vs 07-2026
09-2026: 5.7%▼ -0.1 percentage points vs 08-2026
10-2026: 5.8%▲ +0.1 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.3, compared with 5.85 in 2024, below 1; short-term debt: 47.2% and cash: 0.7% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 10, micro): better than 16% on solvency, 19% on liquidity, 14% on profitability and 3% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Seven signals.
raises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year -€55,682
raises risk · Young company
Founded in 2024, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
17 days early
2024
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 9 days before the deadline; the sector median (NACE 10) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 14-07-2026
- Annual accounts 2024filed on 31-07-2025
Acts in the Belgian Official Gazette
- Incorporationact of 22-11-2024
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about PHIGER
- What is the company number of PHIGER?
- 1016.402.721. In Belgium the VAT number is the company number with BE in front: BE 1016.402.721.
- Where is PHIGER based?
- The registered office is at Place de St Symphorien 24, 7030 Mons.Company details
- What does PHIGER do?
- According to the KBO register, the main activity is artisanal bread and fresh pastry making (NACE 10712).
- What is the legal form of PHIGER?
- Public limited company (NV).
- When was PHIGER founded?
- On 20-11-2024.
- Is PHIGER still active?
- Yes, PHIGER is an active enterprise in the KBO register.
- How many employees does PHIGER have?
- On average 7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of PHIGER?
- ≈ €330,000 in financial year 2025. Estimated from the gross margin of €129,645: probably between €200,000 and €610,000, based on 1,644 comparable companies of the same size. A rough estimate.
- Is PHIGER profitable?
- In financial year 2025, PHIGER made a loss of €114,482.
- Where can I find the annual accounts of PHIGER?
- PHIGER filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of PHIGER due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to PHIGER
Comparable companies
- EXOTICALiedekerke
- DIMAN VSFrasnes-lez-Anvaing
- Stallaert BakkerijGrimbergen
- BAKKERIJ BARTHerk-de-Stad
- DEWILDE TOMSint-Laureins
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?TRADITIONAL BREAD BELGIUM · 32 companies How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.